Kalyan Singh

@kalyansingh

43 Following

3 Followers

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strikingly similar to silo's new version.

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well to be fair to the people who ask that. It was ur grandma & not you.

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But i guess that's the problem. maybe EF wants to make ethereum more centralized & more performant. If there's one guy who will probably not tolerate it that's peter. These are dangerous signs. & Cost cutting is a really bad excuse. I very much agree with Aya that EF should just go away ( the legendary subtractive mentality) .

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had the feeling when peter went on sabbatical that its weird. Was recently watching one of justin drake's interviews or was it a protocol call . ( i think it was the 2nd ethproofs call) . Where he said the lines - "Goodbye geth. Hello zkReth". Geth is a god sent & no client currently comes close. 6 months ago . my full node was running geth on a 12 $ server bill / month. I tried running multiple clients on that cheap server, nothing worked. but geth? kept up with chain tip with 0 issues. 50-60% of the stakers who are using nethermind are using it cause people on ethereum's social layer bullied them into using it & not because it was a better product. That's not my opinion thats facts. So I do agree with peter that EF is using underhanded tactics against geth. Geth is the most cost optimized ethereum client. & has contributed to ethereum's decentralization more than any team.

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Why no institutional adoption you ask? You can today hide your balances through tornado or any other alternative but still so much to change. Running a node only cuts down 1 api provider. But what about all the price aggregator apis you are using to trade.

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L1 should maximally focus on confirmations & DA. Confirmations are useless with an expensive L1. Thats my stance.

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Dont like justin's answer. As far as I understand he's trying to say 3SF is still too slow. But preconfs are much newer & still rely on out of protocol actors. There is no guarantee that public goods preconfs sidecars will win over something more centralized. Reorg resistant preconfs are definetly interesting , but still too many unkowns & too long of a timeline. Preconfs are important to make the L1 fight for user accquisition among its L2s which is a loosing battle, uniswap foundation can tomorrow annouce 1 billon usd worth of liquidity mining incentive program to get users, EF cant.

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Matt rice correctly highlighted the solver rebalance problems. But he is severly underplaying 3SF's impact. Word of caution- across's revenue will take a hit if the L1 provides much faster finality. At the end of the day across makes money cause the L1 is not fast & cheap enough. Please talk to more people, solver teams are the people you want to talk to.

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hi so I listened to the talk . Big agree with dankrad. Currently all L2 - L2 rebalances are being captured by CEXs, maybe espresso will capture them, will depend on their tech & BD. which is really bad for L1. I also agree with his recent postings about user accquisition on L1. I think the L1s main role should be providing confirmations. Its gonna be much easier to just do 3SF & 2-3x gas limit increase & make sure that L2 - L2 rebalances go through the L1. Then to compete with coinbase for user accquisition for eternity.

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Literally the most "violent" algo on the planet .

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Intent based bridges like across etc. have severe limitations in terms of liquidity.

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3SF & cheaper L1, are the only things that can improve UX. That way MMs & solvers can help users buy any token on any chain in less than 1 minute, that too in any size. L1 wins as all the liquidity is routed through it. This will kill 90% of fragmentation & UX issues .

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all hail arbitrum stylus. trade.renegade.fi is an amazing product & deserves more recognition. @jessepollak op stack needs to up its game.

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Their mobile app has gotten so much better since i used them last time. its much more helpful, clean & fast.

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24km / day??????? Damn.

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its not just software, its all kinds of learnings that is getting easier.

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VCs can buy you devs, they can buy you volumes. But they can't buy you an ecosystem.

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Yea but is microsoft actively trying to break their compatibility yet?

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